ARTICLE SYNOPSIS...Novice Trader's Notebook by EMS Flynn One-Day Reversals One-day reversals occur when a tradable instrument in a trend sustains a sharp price spike and then reverses, ending in a marked rise or drop. This formation, which is considered to be a potential
ARTICLE SYNOPSIS...Novice Trader's Notebook by EMS Flynn Wedge Formation Wedges are similar to triangles, but differ in that with triangles, there is always one boundary line that remains flat; wedges are characterized by both boundary lines being at a slant. Wedges shou